date:Jul 04, 2012
The Bangkok-based newspaper quoted Somsak Paneetatyasa,president of the Thai Shrimp Association, as saying that thetariff on Thai shrimp imported by the EU under its GeneralSystem of Preferences (GSP) would jump from 4.2% to 12%, asexports from Thailand would be subject to the full rate.Furthermore, the duty on cooked shrimp and shrimp cocktailswould increase from 7% to 20%.
The high import tariff will directly affect Thai shrimpexports, as our competitors such as Malaysia have already formedbi